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Sessional Paper No. 9 of 2012 On The National Industrialization Policy

Author:Republic of Kenya

Publisher:Republic of Kenya

Date Issued:Saturday 24th of March 2018

Abstract:

The Kenyan economy has continued to register a positive GDP growth rate from 2003 achieving the highest growth rate of 7% in 2007. However, for the country to become a globally competitive and prosperous nation, an average Gross Domestic Product (GDP) growth rate of 10 per cent per annum should be achieved over the next 18 years. This requires restructuring the economy through industrialization. This sessional paper therefore sets the base for increasing growth rates, generation of sufficient employment opportunities, and fostering Kenya’s integration into the global economy.